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6 minutes ago, Whitley mag said:

K.1.3

Amortisations/impairment of relevant persons’ costs are calculated from the licensee’s annual financial statements and/or interim financial statements as defined in Annex G.

 

Annex G from UEFA rulebook for anyone who can understand and what the PL rules will trial.

 

https://documents.uefa.com/r/UEFA-Club-Licensing-and-Financial-Sustainability-Regulations-2024/Annex-G-Accounting-requirements-for-the-preparation-of-financial-statements-Online

 

It's basically transfer fee divided by length of contract with adjustments for new contracts or where there is a reason to devalue the player.

 

The rest is accounting jargon that says follow the accounting rules

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10 minutes ago, Whitley mag said:

K.1.3

Amortisations/impairment of relevant persons’ costs are calculated from the licensee’s annual financial statements and/or interim financial statements as defined in Annex G.

 

Annex G from UEFA rulebook for anyone who can understand and what the PL rules will trial.

 

https://documents.uefa.com/r/UEFA-Club-Licensing-and-Financial-Sustainability-Regulations-2024/Annex-G-Accounting-requirements-for-the-preparation-of-financial-statements-Online

 

Just looking through that and seems that I was wrong and @Colos Short and Curlies is right, amortisation costs are included but, strangely, profit on player sales is over 36 months whereas everything else is over 12 months.

 

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13 minutes ago, Jackie Broon said:

 

Just looking through that and seems that I was wrong and @Colos Short and Curlies is right, amortisation costs are included but, strangely, profit on player sales is over 36 months whereas everything else is over 12 months.

 

Sounds like nice and simple for the fans to follow what's going on.

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5 minutes ago, Nobody said:

Sounds like nice and simple for the fans to follow what's going on.

 

It does make sense in a way.... Let's say you sell someone for £60m profit in June then if it was 1 year recognition you would lose it straight away.

 

Spread it over 3 years and the club has a chance to recycle it into new signings.

 

Still think it should be gross fee though and not profit. Maybe take any amortisation in the year you sell and the fee over 3, deterrent against flipping 

 

Edit, overall the scr are a lot easier to work out and give less room for Man U shenanigans 

 

 

Edited by Colos Short and Curlies

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Seeing all this talk of different UEFA rulings for amortisation just shows how fucking shite football has got (no slight against anyone here btw!)


We used to discuss matches, performances, transfer talk and other stuff directly related to the game. 
 

Feel like I need to take an undergraduate degree in Law to understand the game nowadays, really is a bitter pill to swallow.

 

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You know the rules are shite when people know all about this stuff in depth.

 

Football shouldn’t be talking about any of this, yet here we fucking are.
 

Surrounded by spreadsheet hell instead of getting excited by the club recruiting the players we need.

 

The only ones who should give a shit about book balancing is the CFO of the club and his finance team. 

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8 hours ago, CallumG6 said:

Seeing all this talk of different UEFA rulings for amortisation just shows how fucking shite football has got (no slight against anyone here btw!)


We used to discuss matches, performances, transfer talk and other stuff directly related to the game. 
 

Feel like I need to take an undergraduate degree in Law to understand the game nowadays, really is a bitter pill to swallow.

 


A Law degree would be handy when it comes to discussing the ongoing APT rules hearing

 

But if you really want to get involved in football discussions these days it’s actually PhD’s in Accountancy or Statistics (ideally both) that you need  

 

And an endless supply of ProPlus too 

 

 

Edited by bobbydazzla

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12 hours ago, Alberto2005 said:

It's so boring.

 

We must be in some PSR shit to not even able to get any kind of signing in this month given the last few windows.


I can only assume both Mitchell and Howe are in agreement that the squad needs an overhaul, and unless an amazing opportunity comes available, it’s better waiting till summer when prices are more stable, can bring players in at a fresh start and it’s easier to move on a couple of players on top.

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4 minutes ago, Fak said:

Anyone know how we could afford to spent £89m on Guehi in the summer but now we've got nowt to spend? Makes no sense to me.


We could spend it, but would have had to sell one of our top players before June 30th 2025 to comply with PSR.

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6 minutes ago, Fak said:

Anyone know how we could afford to spent £89m on Guehi in the summer but now we've got nowt to spend? Makes no sense to me.

 

According to local journos we were never as high as even 80m, hovered around 60 before walking away. And as others have said, if we'd have done that deal we likely would have had to generate it back and then some before June 2025. 

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21 minutes ago, sushimonster85 said:

 

According to local journos we were never as high as even 80m, hovered around 60 before walking away. And as others have said, if we'd have done that deal we likely would have had to generate it back and then some before June 2025. 

No more than £55m

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Just now, wormy said:

I'm well up for us banging on about Saka in response to their concerted Isak effort tbh. I imagine their fans with have a proper hissy fit over it too, the hypocritical bellends.

 

Love the replies, they're like "you can't afford him" etc.[emoji38] Oh, so being realistic is a thing?

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